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ID H0598
Bill
Status
Introduced
2/5/2026
Primary Sponsor
State Affairs Committee
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AI Summary
- All campaign contributions, including personal funds or loans from candidates, must be deposited into a campaign account established exclusively for the candidate or political committee
- Personal funds of candidates or any other persons are prohibited from being commingled with campaign contributions
- Political treasurers must maintain campaign accounts separately from personal or business accounts and keep detailed records current within 7 days of receiving contributions or making expenditures
- Candidates who loan personal funds to their own campaigns must deposit the full amount and file a written report with the Secretary of State within 7 days, certifying the deposit amount and identifying the financial institution
- Declared an emergency measure with an effective date of July 1, 2026
Legislative Description
Amends existing law to require all contributions and loans to a candidate or political committee to be deposited into a separate campaign account, to prohibit commingling of funds, and to require loans from a candidate to such candidate's campaign to be reported to the Secretary of State.
CAMPAIGN FINANCE
Last Action
Retained on General Orders
3/6/2026
Committee Referrals
State Affairs2/6/2026
Full Bill Text
No bill text available